Turnover limit for excise registration

1) Registration is not required for person who manufacture the excisable goods, which are chargeable to nil rate of of excise dury ofr fullly exempt from duty by notification.

2) Small Scale Industry (SSI) manufacturers having annual turnover below 4 Crores. However such units will be required to a declaration (Intimation) in annexure 4 once the value of their clearance rached Rs. 40 lacs.

full exemption from excise upto the first clearances of Rs. 150 lacks, starting from 1st April. If your turnover is 90 lakhs, you need to give intimation to the department.

Agree with Mr Arun Kumar

Dear All,

What do you mean by first clearence.

Regards,

Somnath

Dear Somnath,

When we opt "SSI" unit under Central Excise, from 1st Apr of Financial year , up to the sales turnover of Rs.150 laks, no need to pay Excise duty.

In computing Turnove rof Rs. 1.5 cr 

it will be Gross or Net ofTaxes?

my total excise sales turnover doesnt exceed 150 in a year in that case do i have to prepare excise invoice or a normal invoice???

How you can prepare excise invoice until you didnt get excise no.

you should have to preapre normal invoice only once you cross the limit you have to prepare excisable invoice.

is there any rules for turn over limits for both SSI unit and general Unit.

1.5CR is the current limit for F.Y 2013-14

Suppose if someone is doing different kinds of bussinesses under one company/firm such as

(i) Job work for fabrication for a government company (Turnover: say about 75 lacs) 

(ii) Freight/Transportaion (Turnover: say about 20 lacs)

(iii) Contractor for PWD  (Turnover: say about 150 lacs)

(iv) Trading of different items  (Turnover: say about 55 lacs)

and say the combined turnover from different buissenesses for the same company/firm is about 3 crores

So in this case, is it necessary for the firm to obtain central exice number. And what are the limits for the above mentioned bussinesses and for the combined bussiness

Under Excise your Job work is applicable.

First identify that the goods is fall under excisable goods in tariff if goods fall under excisable then consider previous year turnover should not be more than 4 crore and current year turnover 1.5 crore there is no need of registration with central excise